25 October 2017
we are dealer of machinery equipment. we have closing stock of parts as on 30.06.2017. all purchase are made on CST @2 % then we need to fill Tran 1 .
25 October 2017
No need...
In case the purchases including ED tax also you want ITC then you can file TRAN 1 form....
Otherwise you don't want any ITC no need to file TRAN....